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Technology Stocks : Compaq
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To: MeDroogies who wrote (78875)2/29/2000 3:09:00 PM
From: Night Writer  Read Replies (2) of 97611
 
Hey "new guy" on the block. Holding CPQ two years barely qualifies you to post here. I've got some 95 CPQ klassic stock in the two and a half bagger territory and I'm still not happy with it. Before that I traded CPQ some. I hate to admitt also holding one batch foolishly purchased in the high 40s.

So "new guy" don't talk about patience with this crew. Most of us have bought Compaq in every crummey market that came along over the years. Asian Flu, September stumbles, and October collapses. Pardon us if we are not happy with the a$$holes that stuffed the channel, and lied about it. All the while, smiling and talking about being a fifty billion dollar company by 2000.

Pardon us for wondering about the current management's slowness in cutting expenses after buying DEC. He!!, it's only been a couple of years, what's the big hurry? They wrote off the expense against the profits, now they need to get on with it. It's not enough to execute part of the plan, they need to execute the whole plan. Managers are fired for anything less. That is why they get paid the big bucks.

The only reason I'm still here is the corporate plan and products to back it up are making great progress. I hope the new CFO furnishes the expense reduction to go along with it. MC doesn't look like he is going to do it.

Thank you for furnishing an outlet for my pent up frustration today. Nothing personal "New Guy." My patience just gets a little thin ever now and then. I feel better now that I have vented some.
NW
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